The hottest real estate markets of 2017: Who gained big, who fell hard

Phoenix among the markets that moved up the most

By Cicely Wedgeworth | Realtor.com

Each month at realtor.com®, we identify the country’s hottest metropolitan markets for real estate—the ones whose homes attract the most listing views and spend the fewest days on market as buyers snap them up. Sometimes we see places dominate the top of the list for months without a break; other times we see quick rises and even quicker falls, as the economic circumstances of key players change.

So as we near the end of the year, we decided to take stock: What were the flat-out hottest real estate markets of 2017—and which were the ones whose fortunes changed the most?

The year’s five biggest success stories illustrate the comebacks and challenges faced by Americans across the country, as home prices marched steadily upward, pushed by the perennial shortage of homes for sale.

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